224 Cheswick DrMadisonAL35757
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Madison at 224 Cheswick Dr, Madison, AL, 35757 generates $3,244/mo in rent and, after a $2,296/mo payment, leaves $596/mo in cash flow. Total monthly income is $3,244/mo, and annual cash flow is $7,155/yr on $155,474 invested. Return on cash invested sits at 24.51% in year one, and rental yield is 8.3% on a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation builds toward $129,576 over five years. Five-year ROI reaches 126.83% and total cumulative return in cash sums $197,191. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,244/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35757, Madison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,348 (100%) |
| Owner Occupied HU | 6,117 (59.1%) |
| Renter Occupied HU | 3,534 (34.2%) |
| Vacant Housing Units | 697 ( 6.7%) |
| Median Home Value | $365,694 |
| Average Home Value | $430,830 |
Housing Distribution
Address Breakdown
Residential
9,317
Single Family
8,952
Multi-Family
365
Businesses
163
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